Family Home

The Family Home Guarantee (FHG) is part of the Home Guarantee Scheme, an Australian Government initiative to support eligible home buyers purchase a home sooner.   
 
It is administered by the National Housing Finance and Investment Corporation (NHFIC) on behalf of the Australian Government. 

The FHG aims to support eligible single parents with at least one dependent child in purchasing a family home, regardless of whether that single parent is a first home buyer or a previous home owner. 

Under the FHG, part of an eligible first home buyer’s home loan from a Participating Lender is guaranteed by NHFIC. This enables an eligible buyer to purchase a home with as little as a 2% deposit without paying Lenders Mortgage Insurance.  

Any Guarantee of a home loan is for up to a maximum amount of 18% of the value of the property (as assessed by your lender). This Guarantee is not a cash payment or a deposit for a home loan. 

From 1 July 2022 to 30 June 2025, 5,000 places are available each financial year to eligible single parents with dependents. 

View the Family Home Guarantee Fact Sheet to learn more. 

To be eligible to apply for the FHG applicants must:    

• be single. A person is considered single if they don’t have a spouse and/or a de facto partner. Note: a person who is separated but not divorced is not considered single.  
• have at least one dependent child. To have a dependent child, you must be the natural or adoptive parent of the child and the child must either be  
• a “dependent child” within the meaning of subsections (2), (3), (4), (5), (6) and (7) of section 5 of the Social Security Act 1991 or  
• at least 16 but under 22 years of age, receive a disability support pension within the meaning of the Social Security Act 1991 and live with you.   

For the purposes of the Social Security Act 1991, you must show that you are legally responsible (whether alone or jointly with another person) for the day-to-day care, welfare and development of the dependent child and the dependent child is in your care.

Family Home Guarantee applicants can be either first home buyers or previous owners who do not currently own a home. 

To be eligible, you must not currently have: 

• a freehold interest in real property in Australia 
• a lease of land in Australia 
• a company title interest in land in Australia 

For more information and to discuss individual circumstances, contact a Participating Lender.

Under the FHG, a property must be a ‘residential property’ to be considered eligible. Eligible residential properties include:   

• an existing house, townhouse or apartment  
• a house and land package  
• land and a separate contract to build a home  
• an off-the-plan apartment or townhouse 

Use the postcode search tool to look up the property price caps for your location.    

Specific timeframes and criteria apply to the different property types. Contact a Participating Lender for a full list of property criteria and FHG requirements.

Depending on the property type purchased, different criteria and timeframes may apply to a Guarantee place. 

To be eligible for the FHG, the contract of sale and (if applicable) eligible building contract may have specific dates when they can be signed by the home buyer. There are no exceptions to these required dates.  

For more information, contact a Participating Lender or visit the Documents Library.  

VIEW OUR FREQUENTLY ASKED QUESTIONS FOR GENERAL INFORMATION ABOUT THE HOME GUARANTEE SCHEME.